Rental Loan
Do you want to purchase or refinance an investment rental property? When you partner with CIVIC, we can provide long-term financing for stabilized rental properties to generate cash flow.
Key Facts About Our Single Rental Loan
- DSCR loan with no W2s, paystubs, or tax returns required
- Minimum 660 FICO
- Single Family Rental (SFR), warrantable condos, townhomes, PUD, 2-4 units eligible
- Foreign Nationals allowed
| | Single Rental Loan |
|---|---|
| LOAN PURPOSE | Purchase, rate-term refinance, or cash-out of a single rental property |
| BORROWER TYPE | Entity required |
| PROPERTY OR UNIT ACQUISITION MINIMUM | 1 property per loan |
| TERM | 30-year fixed, ARM options available |
| INTEREST RATE | Call for quote |
| EXPERIENCE | Not required |
| MINIMUM FICO | 660 |
| MAXIMUM LOAN-TO-VALUE (LTV) | Up to 80% on purchase and rate & term. Up to 75% on cash-out |
| MINIMUM LOAN AMOUNT | $75K - $2MM |
| VACANCY MAXIMUM | Purchases only or leased within 30 days |
| SEASONING REQUIREMENT (TO USE VALUE VS. COST BASIS) | 180 days |
| RURAL PROPERTIES | Not permitted |
| FOREIGN NATIONALS | Not allowed from ineligible country list |
| PROPERTY TYPE | Non-Owner Occupied: - Single Family Residences (SFR) - 2-4 unit properties - Warrantable condos - Townhomes - PUD |
Over $8 Billion in loans for Real Estate Investors
Purchase, Rate and Term, and Cash-out Refinance options available. Single asset or portfolio aggregation. Enables investors like you to build a steady stream of income through rental property investment.
What Makes the Single Rental Loan Unique?
- We treat your rental property like your own small business, and we underwrite to the cash flow it will produce, not your personal income.
- We don’t limit the number of rental properties you can own, so we give you maximum flexibility.
We provide personalized service throughout the entire loan process – from quote to close.
BEGIN TODAY BY TAKING ADVANTAGE OF A RENTAL LOAN
